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Delhi government asks power firms to cooperate with CAG audit

New Delhi: Delhi Government today warned private power distribution companies that their licenses may be cancelled if they do not cooperate with the Comptroller and Auditor General which is scrutinizing their finances.  In his address
PTI January 06, 2014 15:45 IST
PTI
New Delhi: Delhi Government today warned private power distribution companies that their licenses may be cancelled if they do not cooperate with the Comptroller and Auditor General which is scrutinizing their finances.  

In his address to the Assembly, Lt Governor Najeeb Jung said CAG audit of the private companies is being carried out to ascertain their financial position and the firms must cooperate with it.

“A CAG audit of electricity companies is being carried out since power distribution was privatised. Licences of those who do not cooperate in the process may be cancelled,” Jung said.

Power distribution in Delhi was privatised in 2002.  

He said will not be a “silent bystander” on the issue and will not hesitate to take decisions.

The Arvind Kejriwal-led Delhi government last week had ordered a CAG audit of the finances of the three power companies—BSES Yamuna Power Ltd, BSES Rajdhani Power Ltd and Tata Power Delhi Distribution Ltd.